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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Rob S. who wrote (36151)	1/24/1999 12:41:00 AM
From: Paul R. Drahota	Read Replies (1) \| Respond to of 164684

Rob, Technical Aanalysis in this very volitile stock has it's limits of course. But predictability in some of my indicators are amazingly consistant. The StochRSI(14) is a little different than the standard Stochasic. I could E-mail you the formula if you use Metastoch 6.5 software. This indicator combines the "Relative Strength AND Stochastics" in one indicator. Now it's easier to see the markets flow in relation to stocks themselfs. They both move up and down together approximately in fashion. Thus when the 7,3 Stoch stalls out...doesn't move through the 20 line, it's waiting for the StochRSI(14) to catch up. Interesting as well the volume kicks in around it's lowest value and slows down about half may up.I tend to agree about not beating it's old high. But you never know about the news releases from AMZN or Barron's etc. Notice the "Chaikin(48 day)money flow" never shot up as high as the price...hence the abrupt downward price. Paul D.